In March 2020, Congress introduced legislation to that would authorize the Federal Reserve to create “digital wallets” and administer digital money to American citizens. The digital money would be created by its own authority (electronic money creation). https://www.congress.gov/bill/116th-congress/senate-bill/3571/text
In early January 2021, the Treasury authorized banks to make payments using a type of Cryptocurrency called Stablecoin. https://www.occ.treas.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html. We should all be aware of this development as it is a significant shift in policy for the U.S. Treasury. I will try to learn more and share as information becomes available. A special thanks to Catherine Austin Fitts (https://home.solari.com/) for bringing this to my attention.